Indian Prime Minister Narendra Modi has begun a two-day state visit to neighboring Sri Lanka, where he is expected to sign several power and defense agreements.
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US markets tumble as Trump says China ‘played it wrong’ by retaliating to tariffs
The drop follows European markets slumping further after China hit back at US import taxes with an additional 34% tariff.
China retaliation on US farm goods hits soybeans, bolstering Brazil
China’s retaliation on Friday against new U.S. tariffs is poised to accelerate Beijing’s move towards alternative suppliers for agricultural goods including Brazil, a shift that began during the trade war of U.
What does the U.S. export to China? Here’s what could be hit by tariffs.
Here’s what to know about the products the U.S. exports to China and how they might be affected by the latest escalation.
Oil plunges to lowest since pandemic; natural gas, soy slump as China retaliates
Oil prices plunged on Friday to the lowest level since 2021 and commodities including natural gas and soybeans also dived as China retaliated against U.S. President Donald Trump’s aggressive tariffs.
China hits back hard in global trade war with tariffs on US goods
By Trevor Hunnicutt, Mei Mei Chu and Susan Heavey PALM BEACH, Florida/BEIJING/WASHINGTON (Reuters) -China announced additional tariffs of 34% on U.S. goods on Friday, the most serious escalation in a trade war with President Donald…
Oil tumbles 8% as China retaliates with tariffs on U.S
Oil prices plunged by 8% on Friday, heading for their lowest close since the midst of the coronavirus pandemic in 2021, as China hit back in an escalating global trade war with the U.S. after…
China hits back with 34% tariff on US goods after Trump’s trade salvo
China hits back at Trump’s tariff hike with a 34% duty on all US goods from April 10, escalating tensions as fears of a deepening trade war between the two growing nations …
China ‘Played It Wrong,’ Trump Says After Beijing Unveils More Tariffs
President Trump appeared to dismiss China’s latest retaliation to U.S. tariffs, in a social-media post early Friday. “China played it wrong, they panicked—the one thing they cannot afford to do!” he s …
Stocks tumble again after China fires back in trade war
The major U.S. stock indexes dropped sharply just minutes into Friday trading as President Donald Trump’s historic tariffs announcement — and fresh retaliatory duties imposed by China — sent further shockwaves through the global economy.
Stocks shudder again as China strikes back against Trump tariffs
Those numbers set up financial markets for another precipitous fall after stocks on Thursday suffered their biggest one-day drops since 2020, vaporizing roughly $2 trillion in investor wealth, …
Trump’s tariffs are hitting China’s friends hard — and giving Beijing a golden opportunity
President Donald Trump’s sweeping tariffs are expected to cut deep against both friend and foe, but several of the nations that stand to suffer the most are right on China’s doorstep. Cambodia, Laos, …
China imposes a 34% tariff on imports of all U.S. products starting April 10
China has announced it will impose a 34% tariff on imports of all U.S. products beginning April 10. The Commerce Ministry in Beijing also said it will impose more export controls on rare earths, which…